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With New Rules in Place, Vanuatu Wants to Become the Next Cyprus
Just five years ago, Vanuatu had 600 active Financial Dealer Licenses (FDL). Today, there are only 60, but the jurisdiction has traded quantity for quality. The deadline to comply with more stringent licensing rules, enacted in 2021, has passed and the current batch of Vanuatu brokers check all the regulatory boxes, including mandatory physical presence and economic substance in the Southwest Pacific island nation. The rebooted Vanuatu FDL program offers four types of licenses: Class A (FX deli...
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Posted: Jun 22 2023, 13:00
Author Name: financemagnates
Views: 110885